2 Loddon Avenue, Reservoir, Vic 3073

$915,500

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
758 m²
Area

Last updated on Wednesday, June 17, 2026 ( See property details for 2 Loddon Avenue, Reservoir, Vic 3073)

$915,500

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 3-bedroom house on a large 763m² block in Reservoir, offering exceptional development potential and lifestyle convenience.

🏡 Property Highlights

  • Substantial 763m² allotment with strong street presence
  • Flexible development options including full redevelopment or retaining the existing home
  • Ideal for investors and developers seeking future upside
  • Located in a steadily growing pocket of Reservoir with ongoing renewal
  • Close to local shops, schools, parklands, and public transport
  • Opportunity to landbank for future development or generate rental income

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Home Office / Study
  • Extra Storage (Shed/Linen)
  • Pet-Friendly
  • Garage / Secure Parking
  • Internal Laundry

Reservoir is a vibrant suburb experiencing ongoing renewal, offering excellent connectivity to Melbourne city, a variety of local amenities, and a strong community atmosphere. Its strategic location provides easy access to shops, schools, parks, and public transport, making it highly desirable for both families and investors. The area’s growth trajectory is supported by new developments and infrastructure upgrades, ensuring long-term value appreciation. With a mix of established homes and emerging projects, Reservoir presents a compelling opportunity for those seeking a dynamic and future-proof neighbourhood.

What are the development options available for this property?
The property offers multiple development options including full redevelopment, building a new residence (STCA), or retaining the existing home while developing the rear (STCA).
Is the property suitable for landbanking for future growth?
Yes, the large land size and location make it an excellent landbanking opportunity for future development or holding as a rental investment.
What amenities are nearby?
The property is conveniently located close to local shops, schools, parklands, and public transport, ensuring lifestyle convenience and accessibility.
What is the condition of the existing house?
The current house is a 3-bedroom, 1-bathroom residence, suitable for holding or renovation, with potential for redevelopment.
Are there any planning restrictions or zoning considerations?
Potential buyers should consult local council regulations and zoning laws to confirm development possibilities and any restrictions.
Are there any easements, covenants, or planning restrictions affecting the property? What are the potential costs associated with subdivision or redevelopment? Are there any known issues with the existing structure or land contamination? Is the property located within a flood or bushfire risk zone? Are there any upcoming planning or infrastructure projects in the area that could impact the property?

2 Loddon Avenue, Reservoir, Vic 3073 - More Details

$915,500

Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
758 m²
House Size
112 m²

Price guide

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